AI Risk Management AAIA Practice Questions (Page 7)

Questions 31–32

1. 31foundation · easy

   An organization decides to discontinue a planned AI project because the risks are too high and cannot be effectively mitigated. Which risk response strategy is being applied?

   • ARisk acceptance
   • BRisk mitigation
   • CRisk transfer
   • DRisk avoidance
   Reveal Solution Discussion Select an answer first
2. 32application · medium · select all that apply

   A retail bank is planning to deploy an AI chatbot for customer service. The risk team is conducting a risk identification exercise. Which of the following are AI-related risks that should be identified? (Select all that apply.)

   • AThe chatbot may increase customer engagement, leading to higher sales.
   • BThe chatbot may fail to handle complex queries, causing customer frustration and reputational damage.
   • CThe chatbot's training data may contain biases that lead to discriminatory responses.
   • DThe chatbot may provide incorrect financial advice, leading to regulatory penalties.
   • EThe chatbot may be vulnerable to adversarial attacks that manipulate its responses.
   Check answers Discussion Select an answer first